RuPay develop India's first NFC technology based ticket process management platform for live events in India
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Watch the Video on linkedin, How it work - https://www.linkedin.com/feed/update/urn:li:act...
I am excited to share AtomX Corporation Private Limited latest achievement in partnership with RuPay - the industry's first, integrated access control based #nfctechnology validation and ticket process management platform for live events in India.
AtomX is proud to welcome National Payments Corporation Of India (NPCI) (NCMC- National Common Mobility Card) On-The-Go devices into live event and entertainment environments.
With our real-time ticket exchange engine integrated with turnstile, built by our brilliant team at #AtomX, we are once again revolutionizing the way we experience live events, making it seamless and frictionless.
A big thank you to BookMyShow for their continuous collaboration and support. Special thanks to Vanita sarda for believing in the project, Anil Makhija for always pushing the limits, Vivek Kumar for continuous support and rest of the team.
My heart felt gratitude to Praveena Rai and one & only Ashish Hemrajani, both for their respective leadership and vision for our new India❤️❤️❤️
Nalin Bansal for his kind guidance and always inspiring AtomX. 😇😇😇
Not to forget the stellar team Nikitha Nanawati Sandesh Kunder, Lathika, Meenakshi to make this all happen in record time. National Payments Corporation Of India (NPCI) ROCKS! 💯❤️⭐️- sorry if I may have missed any names, the contribution was at large a massive collaboration across the board.
Our non-financial transaction system is now ready for tap-and-go access, with NO - INTERNET needed to validate tickets. This is the best solution for live events, concerts, and sporting arenas considering laying LAN or Fiber Optic, trenching, digging and then the additional server room costs ultimately add to production costs.
I want to extend a special thanks to OmniCard® and Aurionpro for their invaluable contributions in helping us acquire with AU SMALL FINANCE BANK.
We definitely couldn't have done it without the support of the entire team at Sunburn , specially Prem Desai and Karan for their valuable contributions.
Join us in celebrating this milestone achievement!
This is just the start of our Journey with National Payments Corporation Of India (NPCI), many more stories to follow….
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growth happens when no one's excluded.
UPI worked because it was open to everyone, every phone, every bank.
they can go on doing ga-ga over everything rupay but each initiative is bound to fail because of low acceptance. all of it will never be anything more than a marketing gimmick.
who's really using/accepting upi nfc? see where rupay-upi is currently, most transactions get rejected where they were needed the most, offline merchants. online ones already accept all cards. hardly anyone will get/use an ncmc card unless they're a frequent multi city traveller & don't want to carry a single metro card or something
No one even wants a rupay card until you're subsidising & selling it with temporary offers.
npci really needs to build each initiative concretely & consider scaling/making it a success before throwing the latest budget in a new gimmick & leaving the last one a dull pawn like upi lite, upi lite x, rupay whatever & so many more.
All these use RuPay NCMC network.
RuPay NCMC is open to everyone, all metros, bus, pos, retail, parking, banks, all RuPay cards and now event, sporting, entertainment etc.
You just need one RuPay card and use for all services. Your existing RuPay debit card and RuPay credit card also supported NCMC (If not supported yet then wait few years one by one all banks will go live on NCMC).
Many people are already using RuPay NCMC from their existing RuPay Debit Card.
Last thing, RuPay credit card on UPI is not officially launch yet. They are still on beta testing, we will discuss about it after 2-3 years. Merchant acquisition will also be initiated after launch.
UPI NFC ? once again, How can you tell before launch ? 😀
We have given 7 years to bank account UPI network, After that UPI is successful today.
Listen a very interesting story about Aditya Puri, the former CEO of HDFC bank. The success of HDFC Bank today is often attributed to the former CEO, Aditya Puri, who is believed to have played a significant role in its achievements.
ICICI Bank said on his retirement, thanks HDFC Bank's Aditya Puri for being an 'inspiration', "ICICI Bank thanks you, Mr Aditya Puri, for your contribution to the Indian banking industry,”
Now this is not an interesting story. Now I am going to tell you, After launching UPI, In 2017 Aditya Puri had told NPCI that UPI wouldn't work, and suggested they try something else and shut it down. But the CEO of NPCI refused and said that they would work towards making UPI successful. And today, we all know how successful UPI has become. So, the thought here is that individuals like Aditya Puri also lack patience. Now you decide for yourself whether you want to be patient or not.
Nothing to glorify, It's just a port of already existed ncmc system used by rupay.
we need a new section for Rupay threads 😂